That observation is so cyclical even in this thread. As in everything else, all your eggs in one basket is a bad idea. Diversify as much as possible.

It's just that greenbacks are far worse than electronic/paper assets that are worse than precious metals that are worse than inherently useful (though hardly as conveniently portable) commodities that are worse than land, which has historically been the only reliably safe investment of wealth.

__________________
"No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." -- Thomas Jefferson

__________________
"No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." -- Thomas Jefferson

I'm curious why the 65-1 ratio on gold to silver? It's a higher then normal standard though I've not looked at any charts. I remember when silver was $5 and gold about. $325 back in the 90s. But it's been closer to 40 or 50 to one for some time?

I'm curious why the 65-1 ratio on gold to silver? It's a higher then normal standard though I've not looked at any charts. I remember when silver was $5 and gold about. $325 back in the 90s. But it's been closer to 40 or 50 to one for some time?

So many are planning/selling the 1 to 9 ratio and loading up on the poor mans GOLD. I on the other hand have my WAG and have stated it here twice that 1 to 100 or more is possible if not likely. Pretty zany stuff But,

you have to ask yourself why Jamie Dimon has amassed the largest ever horde of silver? JPM makes so much money, they really don't need to dabble in physical silver do they? Maybe there is a conspiracy plan? again

Answer in my mind is a new exchange coin for the reset. The reset is going to be ugly and he wants to be at least a prince of the dark kingdom.

Gold diverges to a higher ratio in fear of deflation. Old Dent's call. I can see it, thus I save cash in equal parts as Gold bullion. The key is releasing it, be it gold or cash at the proper time when most desired and for what? They tried inflation through printing, it hasn't worked only made matters worse.

Now people love to say, oh Gold will suck in deflation, I say really? I'm here to tell you, everything will suck. Imagine no work available, no grocery stores open, 90% of all debt or as it may be money is wiped out. If you owe anything on something...and it's gone ! Repo'd

Cash will be King, Silver will be used as a temporary coinage established by a new bank (the Fed), run by JPM (they will look different so forget using old coins as they will be confiscated), Gold will be confiscated while being paid a fair current value minus their hefty skim and used as a temporary global trading currency(ratio has to be high for liquidity/expansion purposes) until a new world order system is established for buying and selling. I think this might be where through force, a mark of the beast is introduced as civil unrest begins to quell after several years maybe a decade of turmoil.

We also see China playing catch up in Gold reserve status. I think this is planned by the PTB and should be a hint.

A couple more items I think play into this whole scenario, my scenario anyway. I think the powers that be have been double crossed by China/Russia and some of their allies now. The new world order is not going to go down exactly like planned, but will emerge.

ZeroHedge had a piece a while back that explained it has been China shorting the paper Gold market to purchase the physical market and have it shipped East. We know Russia has been building supplies also with others not so friendly to the West. This would make sense in that the West would go along with this plan as it (Gold) is the dollars biggest fear, so yeah drive it down. It also allows China to align their reserves to a fitting status on the cheap. Even if China got caught with it's pants down short paper Gold, they always have treasuries to settle the score with. China printed $13 TRILLION they didn't have and purchased natural resources worldwide, built out infrastructure all the while the TBTF boys gave them the nod, thinking they were going to play along and let these power elite run the world.

At some point tension must have arose and China/Russia announced late last year they would do deals bypassing the dollar. China begins not purchasing treasuries in quantity. Belgium steps in for the US and purchases $50 billion in Treasuries each of the last two months...what? Belgium, yes they are now the 3rd largest foreign holder of our debt. Belgium had a negative GDP growth in 2012 and flat in 2013. I think they are ranked 24 in GDP worldwide at mere $550 billion. So this one looks rather fishy like no one is showing up to buy our debt and we will hide the purchases in B.http://knoema.com/nwnfkne/gdp-rankin...ata-and-charts

So did the PTB start a little sumptin in Ukraine to take the wind out of at least Russia's sails? Putin fires right back and takes Crimea. US warn China not to try the same thing in Asia just Friday.

Then last week Jamie Dimon stops a small Russian transfer illegally without State Dept. approval and Russia goes crazy. Was this the Powers that be trying to send a message to Putin? Dimon has to turn tail and complete the transfer of all hell will break lose for the US financially, like now. Putin is playing for keeps.

GOFO rates negative again today and 12 month figure is coming waaaay down. Think the central banks are worried yet they may not get any GOLD if stackers continue to rely on the Barbarous Relic...wheeeee

Interesting that Silver just can't get legs here and is stuck at $20, but Gold sure looks promising coupled with that latest report of China importing 9000 tonnes since the collapse of Lehman Bros. 5 years ago, and that doesn't count their mining production.

Someone has some empty vaults and it sure isn't China !

I bet before the year is out physical Gold will be hard to come by in quantity.

Gold is traditionally seen as a safe asset in volatile times but, despite flirting with the $2,000 barrier in 2011, it has since dropped to $1,200 off the back of economic revivals in developed markets.

It's over boys. Precious metals are the worst investments you can make in today's economy.

Don't waste your money.

__________________
May the Bridges I burn light the way.

Life Is Not About Waiting For The Storm To Pass - Its About Learning To Dance In The Rain.

Fewer people are killed with all rifles each year (323 in 2011) than with shotguns (356), hammers and clubs (496), and hands and feet (728).

Beef is at all time highs. Food inflation is now here. Watch all the rest of food products go up and up. Then everything else follows. The Fed can't print enough paper money and you still think it has future value?

Gold is traditionally seen as a safe asset in volatile times but, despite flirting with the $2,000 barrier in 2011, it has since dropped to $1,200 off the back of economic revivals in developed markets.

It's over boys. Precious metals are the worst investments you can make in today's economy.

Don't waste your money.

trying to scare it lower eh?

__________________

Quote:

Originally Posted by thrillhouse700

I have to wait until all the info is in before I make a statement. Obviously the family dogs had it coming.... other than that, waiting on more info.

__________________
"No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." -- Thomas Jefferson

I had predicted Gold would tinker with $1k and silver down to low $16s. I said March 30, and was wrong. Though I might have just been early. People need fuel, need food, and China's recession and over printing is starting to impact them. I don't see things being to bright for metals, stocks, and monetary holdings in the next year.

BRIC opens it's door July 2014. First World bank and INTL fund without the US and we aren't invited. Brazil, Russia, India, China, and South Africa. They can see the writing on the wall....deflation can be a real B$&ch

Posted this on one of my gold forums and thought you all might like to see it too

ratled

History Channel 2 has a good show called America's Book of Secrets episode 4 of the current season (season 3) is called The Gold Conspiracy. Watch if you can or at least set the DVR This is different from the other History Channel Gold show The secret World of Goldhttp://www.history.com/shows/america...crets/episodes

ratled

The Gold Conspiracy

Gold. It is one of the most precious metals in the world. A glittering commodity so rare that people will go to great lengths to obtain it. But who sets the price? And what are the secret methods to control its value? Uncover the clandestine world surrounding the highly prized precious metal. How much gold does the United States really have–and where is it locked away? Is the American government overstating the amount of gold in its reserves to create the mystique of financial superiority? Former U.S. Secretary of Labor Robert Reich discusses the gold standard and the possible manipulation of the commodities markets. Chairman of Euro Pacific Precious Metals Peter Schiff describes how gold could replace credit cards. And author Matthew Hart details how the U.S. is storing gold that belongs to other countries–but may now be missing from the Federal Reserve's vaults.

A pretty good presentation and shows how little Gold you would need to insure your wealth.

There is no way TPTB are going to drive the price down to the absurd levels people think. This weeks action was classic. Drive it down for a few minutes only to be gobbled up and where do we sit? Over $1,300.

The GOFO rates are all negative, they may play with paper price but they want your physical GOLD and want it badly. Ain't getting it, well at least not unless you have a Kings Ransom, that I might take....Shiver me Timbers fellow Pirates !

I had predicted Gold would tinker with $1k and silver down to low $16s.

Yes, and many were also wrong about real estate prices not going up. Here in SD, prices are now at all time highs. If you wanted a deal on a house, too late. Loans are at 5% now too. Gas is $4.40 per gallon and limes are 4 bucks a pound. Mass inflation is here.

Yes, and many were also wrong about real estate prices not going up. Here in SD, prices are now at all time highs. If you wanted a deal on a house, too late. Loans are at 5% now too. Gas is $4.40 per gallon and limes are 4 bucks a pound. Mass inflation is here.

I would love to see Morgan Stanley eat crow, $2 bucks away today in a nice little pop. Good to see Silver catch a little fire, burn baby burn.

I don't know who is fooling whom, but Gold physical supplies are tight and someday, maybe even sooner rather than later dealers won't have any to sell you. I'll just keep Dollar Cost Averaging, you ain't prying this shiny Gold from my ocean floor, as radioactive as it is...heh heh

I would love to see Morgan Stanley eat crow, $2 bucks away today in a nice little pop. Good to see Silver catch a little fire, burn baby burn.

I don't know who is fooling whom, but Gold physical supplies are tight and someday, maybe even sooner rather than later dealers won't have any to sell you. I'll just keep Dollar Cost Averaging, you ain't prying this shiny Gold from my ocean floor, as radioactive as it is...heh heh

__________________

Quote:

Originally Posted by Citadelgrad87

...what we have here is a hillary panty sniffer...

Quote:

Originally Posted by Appleseed

A Rifleman understands that owning and mastering a rifle is part of his heritage as an American.

Quote:

Originally Posted by ProShooter

No man, butt rape is happening like, all of the time in prison. It's basically just one huge orgy.

Looks like it's heading back up. I was hoping to buy another roll of Maples or Eagles this weekend. Funny how Gold is seemingly stuck around $1300 and silver around $19-20

__________________
"No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." -- Thomas Jefferson